Bill Text: NJ A5970 | 2018-2019 | Regular Session | Introduced
Bill Title: Amends list of environmental infrastructure projects approved for long-term funding for FY2020 to include new projects, remove certain projects, and modify estimated loan amounts for certain projects.
Spectrum: Slight Partisan Bill (Republican 24-9)
Status: (Passed) 2020-01-21 - Approved P.L.2019, c.514. [A5970 Detail]
Download: New_Jersey-2018-A5970-Introduced.html
Sponsored by:
Assemblywoman YVONNE LOPEZ
District 19 (Middlesex)
Assemblywoman SHANIQUE SPEIGHT
District 29 (Essex)
Assemblywoman ANNETTE CHAPARRO
District 33 (Hudson)
SYNOPSIS
Amends list of environmental infrastructure projects approved for long-term funding for FY2020 to include new projects, remove certain projects, and modify estimated loan amounts for certain projects.
CURRENT VERSION OF TEXT
As introduced.
An Act concerning the financing of environmental infrastructure projects in Fiscal Year 2020 and amending P.L.2019, c.193.
Be It Enacted by the Senate and General Assembly of the State of New Jersey:
1. Section 1 of P.L.2019, c.193 is amended to read as follows:
1. a. (1) There is appropriated to the Department of Environmental Protection from the "Clean Water State Revolving Fund" established pursuant to section 1 of P.L.2009, c.77, an amount equal to the federal fiscal year 2019 capitalization grant made available to the State for clean water project loans pursuant to the "Water Quality Act of 1987" (33 U.S.C. s.1251 et seq.), and any amendatory and supplementary acts thereto (hereinafter referred to as the "Federal Clean Water Act").
(2) There is appropriated to the Department of Environmental Protection from the "Interim Environmental Financing Program Fund" created and established by the New Jersey Infrastructure Bank pursuant to subsection d. of section 9 of P.L.1985, c.334 (C.58:11B-9) such amounts as may be necessary to supplement the sums appropriated from the Clean Water State Revolving Fund for the purposes of clean water project loans and providing the State match as required or will be required for the award of the capitalization grants made available to the State for clean water projects pursuant to the Federal Clean Water Act.
(3) There is appropriated to the Department of Environmental Protection from the "Disaster Relief Emergency Financing Program Fund" created and established by the New Jersey Infrastructure Bank pursuant to section 1 of P.L.2013, c.93 (C.58:11B-9.5) such amounts as may be necessary to supplement the sums appropriated from the Clean Water State Revolving Fund for the purposes of clean water project loans and providing the State match as required or will be required for the award of the capitalization grants made available to the State for clean water projects pursuant to the Federal Clean Water Act.
(4) There is appropriated to the Department of Environmental Protection from the "Drinking Water State Revolving Fund" established pursuant to section 1 of P.L.1998, c.84 an amount equal to the federal fiscal year 2019 capitalization grant made available to the State for drinking water projects pursuant to the "Safe Drinking Water Act Amendments of 1996," Pub.L.104-182, and any amendatory and supplementary acts thereto (hereinafter referred to as the "Federal Safe Drinking Water Act").
The Department of Environmental Protection is authorized to transfer from the Clean Water State Revolving Fund to the Drinking Water State Revolving Fund, pursuant to the "Water Infrastructure Funding Transfer Act," Pub.L.116-63, additional amounts necessary to address a threat to public health and an amount equal to the maximum amount authorized to be transferred is hereby appropriated to the department for those purposes.
The Department of Environmental Protection is authorized to transfer from the Clean Water State Revolving Fund to the Drinking Water State Revolving Fund an amount up to the maximum amount authorized to be transferred pursuant to the Federal Safe Drinking Water Act to meet present and future needs for the financing of eligible drinking water projects, and an amount equal to that maximum amount is hereby appropriated to the department for those purposes.
The Department of Environmental Protection is authorized to transfer from the Drinking Water State Revolving Fund to the Clean Water State Revolving Fund an amount up to the maximum amount authorized to be transferred pursuant to the Federal Clean Water Act to meet present and future needs for the financing of eligible clean water projects, and an amount equal to that maximum amount is hereby appropriated to the department for those purposes.
Notwithstanding any provision of [this act] P.L.2019, c.193, as amended by P.L. , c. (pending before the Legislature as this bill) to the contrary, the Department of Environmental Protection is authorized to utilize funds from the Clean Water State Revolving Fund for the purposes of the Drinking Water State Revolving Fund, and may charge interest on loans made with such invested funds to the extent permitted by the Federal Clean Water Act and the Federal Safe Drinking Water Act.
(5) There is appropriated to the Department of Environmental Protection the unappropriated balances from the Clean Water State Revolving Fund, including the balances from the Federal Disaster Relief Appropriations Act, and any repayments of loans and interest therefrom, for the purposes of clean water project loans and providing the State match as available on or before June 30, 2020, as required or will be required for the award of the capitalization grants made available to the State for clean water projects pursuant to the Federal Clean Water Act.
(6) There is appropriated to the Department of Environmental Protection the unappropriated balances from the "Wastewater Treatment Fund" established pursuant to section 15 of the "Wastewater Treatment Bond Act of 1985" (P.L.1985, c.329), and any repayments of loans and interest therefrom, as available on or before June 30, 2020, for the purposes of clean water project loans and providing the State match as required or will be required for the award of the capitalization grants made available to the State for clean water projects pursuant to the Federal Clean Water Act.
(7) There is appropriated to the Department of Environmental Protection the unappropriated balances from the "1992 Wastewater Treatment Fund" established pursuant to section 27 of the "Green Acres, Clean Water, Farmland and Historic Preservation Bond Act of 1992" (P.L.1992, c.88), and any repayments of loans and interest therefrom, as available on or before June 30, 2020, for the purposes of clean water project loans and providing the State match as required or will be required for the award of the capitalization grants made available to the State for clean water projects pursuant to the Federal Clean Water Act.
(8) There is appropriated to the Department of Environmental Protection the unappropriated balances from the "2003 Water Resources and Wastewater Treatment Fund" established pursuant to subsection a. of section 19 of the "Dam, Lake, Stream, Flood Control, Water Resources, and Wastewater Treatment Project Bond Act of 2003" (P.L.2003, c.162), and any repayments of loans and interest therefrom, as available on or before June 30, 2020, for the purposes of clean water project loans and providing the State match as required or will be required for the award of the capitalization grants made available to the State for clean water projects pursuant to the Federal Clean Water Act.
(9) There is appropriated to the Department of Environmental Protection the unappropriated balances from the "Pinelands Infrastructure Trust Fund" established pursuant to section 14 of the "Pinelands Infrastructure Trust Bond Act of 1985" (P.L.1985, c.302), and any repayments of loans and interest therefrom, as available on or before June 30, 2020, for the purposes of clean water project loans and drinking water project loans and providing the State match as required or will be required for the award of the capitalization grants made available to the State for clean water projects pursuant to the Federal Clean Water Act and drinking water projects pursuant to the Federal Safe Drinking Water Act.
(10) There is appropriated to the Department of Environmental Protection the unappropriated balances from the "Stormwater Management and Combined Sewer Overflow Abatement Fund," established pursuant to the "Stormwater Management and Combined Sewer Overflow Abatement Bond Act of 1989" (P.L.1989, c.181), and any repayments of loans and interest therefrom, as available on or before June 30, 2020, for the purposes of clean water project loans and providing the State match as required or will be required for the award of the capitalization grants made available to the State for clean water projects pursuant to the Federal Clean Water Act.
(11) There is appropriated to the Department of Environmental Protection the unappropriated balances from the Drinking Water State Revolving Fund, including the balances from the Disaster Relief Appropriations Act of 2013, for the purposes of drinking water project loans and any repayments of loans and interest therefrom, that are or may become available on or before June 30, 2020.
(12) There is appropriated to the Department of Environmental Protection such sums as may be needed from loan repayments and interest earnings from the "Water Supply Fund" established pursuant to section 14 of the "Water Supply Bond Act of 1981" (P.L.1981, c.261) for the "Drinking Water State Revolving Fund Match Accounts" contained within that fund for the purpose of providing the State match as required or will be required for the award of the capitalization grants made available to the State for drinking water projects pursuant to the Federal Safe Drinking Water Act.
(13) There is appropriated to the Department of Environmental Protection from the "Interim Environmental Financing Program Fund" created and established by the New Jersey Infrastructure Bank pursuant to subsection d. of section 9 of P.L.1985, c.334 (C.58:11B-9) such amounts as may be or become available on or before June 30, 2020, and any repayments of loans and interest therefrom, as may be necessary to supplement the sums appropriated from the Drinking Water State Revolving Fund for the purposes of drinking water project loans and providing the State match as required or will be required for the award of the capitalization grants made available to the State for clean water projects pursuant to the Federal Safe Drinking Water Act.
(14) There is appropriated to the Department of Environmental Protection from the "Disaster Relief Emergency Financing Program Fund" created and established by the New Jersey Infrastructure Bank pursuant to section 1 of P.L.2013, c.93 (C.58:11B-9.5) such amounts as may be necessary to supplement the sums appropriated from the Drinking Water State Revolving Fund for the purposes of drinking water project loans and providing the State match as required or will be required for the award of the capitalization grants made available to the State for drinking water projects pursuant to the Federal Safe Drinking Water Act.
(15) There is appropriated to the Department of Environmental Protection such sums as may be received by the Department of Community Affairs as the grantee from the United States Department of Housing and Urban Development Community Development Block Grant - Disaster Recovery Program (CDBG-DR), as anticipated and upon availability on or before June 30, 2020, for the purposes of CDBG-DR eligible clean water and drinking water project loans and providing the State match as required or will be required for the award of the capitalization grants made available to the State for clean water projects pursuant to the Federal Clean Water Act and drinking water projects pursuant to the Federal Safe Drinking Water Act, respectively.
(16) There is appropriated to the Department of Environmental Protection such sums as may be or become available on or before June 30, 2020, as repayments of drinking water project loans and any interest therefrom from the "Water Supply Fund" established pursuant to section 14 of the "Water Supply Bond Act of 1981" (P.L.1981, c.261) for the purposes of drinking water project loans and providing the State match as required or will be required for the award of the capitalization grants made available to the State for drinking water projects pursuant to the Federal Safe Drinking Water Act.
(17) Of the sums appropriated to the Department of Environmental Protection from the "Water Supply Fund" pursuant to P.L.1999, c.174, P.L.2001, c.222, P.L.2002, c.70 and P.L.2003, c.158, the department is authorized to transfer any unexpended balances and any repayments of loans and interest therefrom as may be or become available on or before June 30, 2020, in such amounts as needed to the Drinking Water State Revolving Fund accounts contained within the Water Supply Fund established for the purposes of providing drinking water project loans and providing the State match as required or will be required for the award of the capitalization grants made available to the State for drinking water projects pursuant to the Federal Safe Drinking Water Act.
(18) Of the sums appropriated to the Department of Environmental Protection from the "1992 Wastewater Treatment Fund" pursuant to P.L.1996, c.85, P.L.1997, c.221, P.L.1998, c.84, P.L.1999, c.174, P.L.2000, c.92, P.L.2001, c.222 and P.L.2002, c.70, the department is authorized to transfer any unexpended balances and any repayments of loans and interest therefrom as may be or become available on or before June 30, 2020, in such amounts as needed to the Clean Water State Revolving Fund accounts contained within the 1992 Wastewater Treatment Fund for the purposes of providing clean water project loans and providing the State match as required or will be required for the award of the capitalization grants made available to the State for clean water projects pursuant to the Federal Clean Water Act.
(19) Of the sums appropriated to the Department of Environmental Protection from the "2003 Water Resources and Wastewater Treatment Fund" pursuant to P.L.2004, c.109, and P.L.2007, c.139, the department is authorized to transfer any unexpended balances and any repayments of loans and interest therefrom as may be or become available on or before June 30, 2020, in such amounts as needed to the Clean Water State Revolving Fund accounts contained within the 2003 Water Resources and Wastewater Treatment Fund for the purposes of providing clean water project loans and providing the State match as required or will be required for the award of the capitalization grants made available to the State for clean water projects pursuant to the Federal Clean Water Act.
(20) There is appropriated to the Department of Environmental Protection the sums deposited by the New Jersey Infrastructure Bank into the Clean Water State Revolving Fund, the "Wastewater Treatment Fund," the "1992 Wastewater Treatment Fund," the "Water Supply Fund," the "Stormwater Management and Combined Sewer Overflow Abatement Fund," established pursuant to the "Stormwater Management and Combined Sewer Overflow Abatement Bond Act of 1989" (P.L.1989, c.181), the "2003 Water Resources and Wastewater Treatment Fund" and the Drinking Water State Revolving Fund, as appropriate, pursuant to paragraph (6) of subsection c. of section 1 of P.L.2019, c.192 , as amended by P.L. , c. (pending before the Legislature as Senate Bill No. 4202 and Assembly Bill No. of 2019), as available on or before June 30, 2020, for the purposes of providing clean water project loans and drinking water project loans and providing the State match as required or will be required for the award of the capitalization grants made available to the State for clean water projects pursuant to the Federal Clean Water Act and drinking water projects pursuant to the Federal Safe Drinking Water Act.
Any such amounts shall be for the purpose of making zero interest and principal forgiveness financing loans, to the extent sufficient funds are available, to or on behalf of local government units or public water utilities (hereinafter referred to as "project sponsors") to finance a portion of the cost of construction of clean water projects and drinking water projects listed in sections 2 and 3 of [this act] P.L.2019, c.193, as amended by P.L. , c. (pending before the Legislature as this bill), and for the purpose of implementing and administering the provisions of [this act] P.L.2019, c.193, as amended by P.L. , c. (pending before the Legislature as this bill), to the extent permitted by the Federal Disaster Relief Appropriations Act, the Federal Clean Water Act, and any amendatory and supplementary acts thereto, P.L.2009, c.77, the "Wastewater Treatment Bond Act of 1985" (P.L.1985, c.329), the "Water Supply Bond Act of 1981" (P.L.1981, c.261), the "Stormwater Management and Combined Sewer Overflow Abatement Bond Act of 1989" (P.L.1989, c.181), the "Green Acres, Clean Water, Farmland and Historic Preservation Bond Act of 1992" (P.L.1992, c.88), the "Dam, Lake, Stream, Flood Control, Water Resources, and Wastewater Treatment Project Bond Act of 2003" (P.L.2003, c.162), the Federal Safe Drinking Water Act, and any amendatory and supplementary acts thereto, and State law.
b. The department is authorized to make zero interest and principal forgiveness financing loans to or on behalf of the project sponsors for the environmental infrastructure projects listed in subsection a. of section 2 and subsection a. of section 3 of [this act] P.L.2019, c.193, as amended by P.L. , c. (pending before the Legislature as this bill) for clean water projects, up to the individual amounts indicated and in the priority stated, to the extent there are sufficient eligible project applications, and except that any such amounts may be reduced if a project fails to meet the requirements of section 4 or 5 of [this act] P.L.2019, c.193, as amended by P.L. , c. (pending before the Legislature as this bill), or by the Commissioner of Environmental Protection pursuant to section 7 of [this act] P.L.2019, c.193, as amended by P.L. , c. (pending before the Legislature as this bill), provided:
(1) [a maximum of $3 million, plus] any appropriated but unallocated funds designated in State fiscal year 2019 for Barnegat Bay Watershed projects, in principal forgiveness loans shall be issued to finance Barnegat Bay Watershed environmental infrastructure projects as provided in subsection a. of section 3 of [this act] P.L.2019, c.193, as amended by P.L. , c. (pending before the Legislature as this bill), wherein principal forgiveness shall be [a minimum of 25] 50 percent of the fund loan amount per project sponsor in an amount not to exceed $2 million of principal forgiveness per project sponsor . For project costs greater than $4 million, 50 percent of the loan shall be a zero interest rate fund loan and 50 percent of the loan shall be a trust market rate loan;
(2) a maximum of $10 million, plus any appropriated but unallocated funds designated in State fiscal year 2019 for combined sewer overflow projects, in principal forgiveness loans shall be issued as provided in subsection a. of section 3 of [this act] P.L.2019, c.193, as amended by P.L. , c. (pending before the Legislature as this bill) to communities in combined sewer overflow sewersheds sponsoring construction projects that reduce or eliminate discharges from combined sewer overflow outfalls, wherein principal forgiveness loans shall not exceed $1 million per borrower subject to the availability of funds, and wherein 50 percent of the principal of the fund loan shall be forgiven, 25 percent of the loan shall be a zero interest rate fund loan, and 25 percent of the loan shall be a trust market rate loan. For project costs greater than $2 million up to and including $10 million, 75 percent of the loan shall be a zero interest rate fund loan and 25 percent of the loan shall be a trust market rate loan. For project costs greater than $10 million, 50 percent of the loan shall be a zero interest rate fund loan and 50 percent of the loan shall be a trust market rate loan;
(3) a maximum of [$12] $6 million, plus any appropriated but unallocated funds designated in State fiscal year 2019 for combined sewer overflow projects, in principal forgiveness loans shall be issued as provided in subsection a. of section 3 of [this act] P.L.2019, c.193, as amended by P.L. , c. (pending before the Legislature as this bill) for combined sewer overflow abatement projects that treat stormwater runoff through infiltration into subsoil or filtration by vegetation or soil, or store stormwater runoff for later reuse, wherein principal forgiveness loans shall not exceed $3 million per borrower subject to the availability of funds, and wherein 50 percent of the principal of the fund loan shall be forgiven, 25 percent of the loan shall be a zero interest rate fund loan, and 25 percent of the loan shall be a trust market rate loan subject to the availability of funds. For project costs greater than $6 million up to and including $10 million, 75 percent of the loan shall be a zero interest rate fund loan and 25 percent of the loan shall be a trust market rate loan. For project costs greater than $10 million, 50 percent of the loan shall be a zero interest rate fund loan and 50 percent of the loan shall be a trust market rate loan;
(4) to the extent funds are available, a maximum of $1.5 million in principal forgiveness loans shall be issued to finance clean water environmental infrastructure projects as provided in subsection a. of section 3 of [this act] P.L.2019, c.193, as amended by P.L. , c. (pending before the Legislature as this bill) for systems serving populations of up to 10,000 residents for the development of asset management plans wherein principal forgiveness shall be 100 percent of the fund loan amount per project in an amount not to exceed $100,000 per project sponsor subject to the availability of funds; and
(5) those projects listed in subsection a. of section 2 [of this act] and subsection a. of section 3 of [this act] P.L.2019, c.193, as amended by P.L. , c. (pending before the Legislature as this bill) that were previously identified in P.L.2018, c.85, as amended by P.L.2018, c.137 and P.L.2019, c.12, are granted continued priority status and shall be subject to the provisions of P.L.2018, c.85, as amended by P.L.2018, c.137 and P.L.2019, c.12, provided such projects receive short-term funding prior to June 30, 2019.
c. The department is authorized to make zero interest and principal forgiveness financing loans to or on behalf of the project sponsors for the environmental infrastructure projects listed in subsection b. of section 3 of [this act] P.L.2019, c.193, as amended by P.L. , c. (pending before the Legislature as this bill) for drinking water projects, up to the individual amounts indicated and in the priority stated, provided:
(1) a maximum of 30 percent of the 2019 Drinking Water State Revolving Fund capitalization grant not to exceed $5 million may be issued as provided in subsection b. of section 3 of [this act] P.L.2019, c.193, as amended by P.L. , c. (pending before the Legislature as this bill) for drinking water systems, as follows:
(a) up to $4 million of Drinking Water State Revolving Fund loans shall be available for drinking water systems serving populations of up to 10,000 residents wherein principal forgiveness shall not exceed $500,000 in the aggregate and shall not exceed 50 percent of the total loan amount per project sponsor in an amount not to exceed $1 million per project sponsor.
Loans for drinking water systems serving 500 or fewer residents shall be given the highest priority, followed by systems serving between 501 to 10,000 residents;
(b) a maximum of $1.5 million in principal forgiveness loans shall be issued to drinking water systems serving populations of up to 10,000 residents for the development of asset management plans wherein principal forgiveness shall be 100 percent of the fund loan amount per project in an amount not to exceed $100,000 per project sponsor subject to the availability of funds; and
(c) a maximum of $30 million of principal forgiveness for drinking water systems serving communities with a weighted median household income less than the median household income for the county in which they are located for lead line replacement wherein principal forgiveness shall not exceed 90 percent of the total fund loan amount of: $1 million per water system for systems serving populations of less than 10,000, $5 million per water system for systems serving populations of between 10,000 and 100,000, and $10 million per water system for systems serving populations greater than 100,000.
Loans may be made pursuant to this subsection to the extent there are sufficient eligible project applications and as required or will be required for the award of the capitalization grants made available to the State for drinking water projects pursuant to the Federal Safe Drinking Water Act. Any such amounts may be reduced by the Commissioner of Environmental Protection pursuant to section 7 of [this act] P.L.2019, c.193, as amended by P.L. , c. (pending before the Legislature as this bill), or if a project fails to meet the requirements of section 4 or 5 of [this act] P.L.2019, c.193, as amended by P.L. , c. (pending before the Legislature as this bill).
(2) Those projects listed in subsection a. of section 3 of [this act] P.L.2019, c.193, as amended by P.L. , c. (pending before the Legislature as this bill) and subsection b. of section 3 of [this act] P.L.2019, c.193, as amended by P.L. , c. (pending before the Legislature as this bill) that were previously identified in P.L.2018, c.85, as amended by P.L.2018, c.137 and P.L.2019, c.12, are granted continued priority status and shall be subject to the provisions of P.L.2018, c.85, as amended by P.L.2018, c.137 and P.L.2019, c.12, provided such projects receive short-term funding prior to June 30, 2019.
d. The department is authorized to make zero interest and principal forgiveness financing loans to or on behalf of the project sponsors for the environmental infrastructure projects listed in sections 2 and 3 of [this act] P.L.2019, c.193, as amended by P.L. , c. (pending before the Legislature as this bill) under the same terms, conditions and requirements as set forth in this section from any unexpended balances of the amounts appropriated pursuant to section 1 of P.L.1987, c.200, section 2 of P.L.1988, c.133, section 1 of P.L.1989, c.189, section 1 of P.L.1990, c.99, section 1 of P.L.1991, c.325, section 1 of P.L.1992, c.38, section 1 of P.L.1993, c.193, section 1 of P.L.1994, c.106, section 1 of P.L.1995, c.219, section 1 of P.L.1996, c.85, section 1 of P.L.1997, c.221, section 2 of P.L.1998, c.84, section 2 of P.L.1999, c.174, section 2 of P.L.2000, c.92, sections 1 and 2 of P.L.2001, c.222, sections 1 and 2 of P.L.2002, c.70, sections 1 and 2 of P.L.2003, c.158, sections 1 and 2 of P.L.2004, c.109, sections 1 and 2 of P.L.2005, c.196, sections 1 and 2 of P.L.2006, c.68, sections 1 and 2 of P.L.2007, c.139, sections 1 and 2 of P.L.2008, c.68, sections 1 and 2 of P.L.2009, c.102, sections 1 and 2 of P.L.2010, c.63, sections 1 and 2 of P.L.2011, c.93, sections 1 and 2 of P.L.2012, c.43, sections 1 and 2 of P.L.2013, c.95, sections 1 and 2 of P.L.2014, c.25, sections 1 and 2 of P.L.2015, c.108, sections 1 and 2 of P.L.2016, c.32, as amended by P.L.2017, c.14, sections 1 and 2 of P.L.2017, c.143, as amended by P.L.2017, c.326, [and] sections 1 and 2 of P.L.2018, c.85, as amended by P.L.2018, c.137 and P.L.2019, c.12, and sections 1 and 2 of P.L.2019, c.193, as amended by P.L. , c. (pending before the Legislature as this bill), including amounts resulting from the low bid and final building cost reductions authorized pursuant to section 6 of P.L.1987, c.200, section 7 of P.L.1988, c.133, section 6 of P.L.1989, c.189, section 6 of P.L.1990, c.99, section 6 of P.L.1991, c.325, section 6 of P.L.1992, c.38, section 6 of P.L.1993, c.193, section 6 of P.L.1994, c.106, section 6 of P.L.1995, c.219, section 6 of P.L.1996, c.85, section 6 of P.L.1997, c.221, section 7 of P.L.1998, c.84, section 6 of P.L.1999, c.174, section 6 of P.L.2000, c.92, section 6 of P.L.2001, c.222, section 6 of P.L.2002, c.70, section 6 of P.L.2003, c.158, section 6 of P.L.2004, c.109, section 6 of P.L.2005, c.196, section 6 of P.L.2006, c.68, section 6 of P.L.2007, c.139, section 6 of P.L.2008, c.68, section 7 of P.L.2009, c.102, section 6 of P.L.2010, c.63, section 6 of P.L.2011, c.93, section 6 of P.L.2012, c.43, section 6 of P.L.2013, c.95, section 7 of P.L.2014, c.25, section 7 of P.L.2015, c.108, section 7 of P.L.2016, c.32, as amended by P.L.2017, c.14, section 7 of P.L.2017, c.143 as amended by P.L.2017, c.326, section 7 of P.L.2018, c.85, as amended by P.L.2018, c.137 and P.L.2019, c.12, and section 7 of P.L.2019, c.193, as amended by P.L. , c. (pending before the Legislature as this bill), and from any repayments of loans and interest from the Clean Water State Revolving Fund, the "Wastewater Treatment Fund," the "Water Supply Fund," the "1992 Wastewater Treatment Fund," the "2003 Water Resources and Wastewater Treatment Fund," and amounts deposited therein during State fiscal year 2018 and State fiscal year 2019 pursuant to the provisions of section 16 of P.L.1985, c.329, and section 2 of P.L.2009, c.77 and any amendatory and supplementary acts thereto, including any Clean Water State Revolving Fund Accounts contained within the "Wastewater Treatment Fund," and from any repayment of loans and interest from the Drinking Water State Revolving Fund.
e. The department is authorized to make zero interest and principal forgiveness Sandy financing loans to or on behalf of the project sponsors for the Sandy environmental infrastructure projects listed in subsection a. of section 3 of [this act] P.L.2019, c.193, as amended by P.L. , c. (pending before the Legislature as this bill) for clean water projects, in a manner consistent with the Federal Disaster Relief Appropriations Act, up to the individual amounts indicated, except that any such amount may be reduced by the Commissioner of Environmental Protection pursuant to section 7 of [this act] P.L.2019, c.193, as amended by P.L. , c. (pending before the Legislature as this bill), or if a project fails to meet the requirements of section 4, 5, or 7 of [this act] P.L.2019, c.193, as amended by P.L. , c. (pending before the Legislature as this bill), provided a maximum of $300 million shall be provided for Sandy financing loans for clean water projects to provide financial assistance to communities affected by the Storm Sandy, and for projects whose purpose is to reduce flood damage risk and vulnerability or to enhance resiliency to rapid hydrologic change or a natural disaster.
f. For the purposes of [this act] P.L.2019, c.193, as amended by P.L. , c. (pending before the Legislature as this bill):
"Base financing" means zero interest loans provided by the Department of Environmental Protection from moneys made available for the purposes of [this act] P.L.2019, c.193, as amended by P.L. , c. (pending before the Legislature as this bill) from any source other than funds received pursuant to the Federal Disaster Relief Appropriations Act, related State matching funds, and interest earned thereon.
"Federal Disaster Relief Appropriations Act" means the "Disaster Relief Appropriations of 2013" (Pub.L.113-2), and any amendatory and supplementary acts thereto.
"Sandy financing" or "Sandy funding" means grants, zero interest loans or principal forgiveness loans provided by the Department of Environmental Protection from funds made available to the State for clean water projects or clean water project match, pursuant to the Federal Disaster Relief Appropriations Act.
(cf: P.L.2019, c.193, s.1)
2. Section 2 of P.L.2019, c.193 is amended to read as follows:
2. a. (1) The department is authorized to expend funds for the purpose of making supplemental zero interest loans to or on behalf of the project sponsors listed below for the following clean water environmental infrastructure projects:
|
Project Sponsor |
Project Number |
Estimated Allowable DEP Loan Amount
|
Estimated Total Allowable Loan Amount |
|
North Hudson SA |
S340952-19-1 |
$525,000 |
$700,000 |
|
Rockaway Valley RSA |
S340821-06-1 |
$581,250 |
$775,000 |
|
Total projects: [1] 2 |
|
[$525,000] $1,106,250 |
[$700,000] $1,475,000 |
(2) The loans authorized in this subsection shall be made for the difference between the allowable loan amounts required by these projects based upon final building costs pursuant to section 7 of [this act] P.L.2019, c.193, as amended by P.L. , c. (pending before the Legislature as this bill) and the loan amounts certified by the Commissioner of Environmental Protection in State fiscal year 2017 and for increased allowable costs as defined and determined in accordance with the rules and regulations adopted by the department pursuant to section 4 of P.L.1985, c.329. The loans authorized in this subsection shall be made to or on behalf of the project sponsors listed, up to the individual amounts indicated and in the priority stated, to the extent sufficient funds are available, except as a project fails to meet the requirements of section 4, 5, or 7 of [this act] P.L.2019, c.193, as amended by P.L. , c. (pending before the Legislature as this bill).
(3) The zero interest loans for the projects authorized in this subsection shall have priority over projects listed in subsection a. of section 3 of [this act] P.L.2019, c.193, as amended by P.L. , c. (pending before the Legislature as this bill).
b. The Department of Environmental Protection is authorized to adjust the allowable Department of Environmental Protection loan amount for projects authorized in this section to between 25 percent and 75 percent of the total allowable loan amount, and loan amounts to less than 25 percent to the extent the priority ranking or an insufficiency of funding prevents the department from making the loan.
(cf: P.L.2019, c.193, s.2)
3. Section 3 of P.L.2019, c.193 is amended to read as follows:
3. a. (1) The following environmental infrastructure projects shall be known and may be cited as the "Storm Sandy and State Fiscal Year 2020 Clean Water Project Eligibility List":
|
Project Number |
Estimated Allowable DEP Loan Amount |
Estimated Total Loan Amount |
|
|
Camden County MUA |
S340640-17 |
$2,625,000 |
$3,500,000 |
|
Camden County MUA |
S340640-24 |
$4,875,000 |
$6,500,000 |
|
Rahway Valley SA |
S340547-14 |
$7,125,000 |
$9,500,000 |
|
Rahway Valley SA |
S340547-15 |
$1,941,389 |
$2,588,518 |
|
Camden County MUA |
S340640-22 |
$2,625,000 |
$3,500,000 |
|
Camden County MUA |
S340640-23 |
$4,200,000 |
$5,600,000 |
|
Camden County MUA |
S340640-16 |
$9,975,000 |
$13,300,000 |
|
Newark City |
S340815-24 |
$15,750,000 |
$21,000,000 |
|
Elizabeth City |
S340942-19 |
$5,775,000 |
$7,700,000 |
|
Camden County MUA |
S340640-18 |
$63,022,500 |
$84,030,000 |
|
North Bergen MUA |
S340652-14 |
$17,250,000 |
$23,000,000 |
|
Jersey City MUA |
S340928-20 |
$5,400,000 |
$7,200,000 |
|
[Bayshore RSA |
S340697-06 |
$11,325,000 |
$15,100,000] |
|
Jersey City MUA |
S340928-28 |
$2,025,000 |
$2,700,000 |
|
Jersey City MUA |
S340928-31 |
$8,294,700 |
$11,059,600 |
|
Jersey City MUA |
S340928-15 |
$30,750,000 |
$41,000,000 |
|
Jersey City MUA |
S340928-34 |
$885,885 |
$1,181,180 |
|
Elizabeth City |
S340942-17 |
$4,875,000 |
$6,500,000 |
|
Camden County MUA
|
S340640-13 |
$9,600,000 |
$12,800,000 |
|
Long Branch SA |
S340336-08 |
$1,305,525 |
$1,740,700 |
|
Ocean County UA |
S340372-59 |
$5,715,000 |
$7,620,000 |
|
Hoboken City |
S340635-07 |
$3,750,000 |
$5,000,000 |
|
[Perth Amboy City |
S340435-13 |
$637,500 |
$850,000] |
|
Hoboken City |
S340635-06 |
$52,500,000 |
$70,000,000 |
|
Hoboken City |
S340635-09 |
$375,000 |
$500,000 |
|
Mount Laurel Township MUA |
S340943-06 |
$5,400,000 |
$7,200,000 |
|
Jersey City |
S340928-30 |
$2,033,250 |
$2,711,000 |
|
North Hudson SA |
S340952-22 |
[$13,500,000] $13,875,000 |
[$18,000,000] $18,500,000 |
|
North Hudson SA |
S340952-23 |
$2,325,000 |
$3,100,000 |
|
North Hudson SA |
S340952-30 |
$17,400,000 |
$23,200,000 |
|
North Hudson SA |
S345190-01 |
$4,500,000 |
$6,000,000 |
|
Riverside SA |
S340490-01 |
$630,000 |
$840,000 |
|
Perth Amboy City |
S340435-11 |
$4,844,513 |
$6,459,351 |
|
Perth Amboy City |
S340435-14 |
$1,956,000 |
$2,608,000 |
|
Perth Amboy City |
S345220-01 |
$750,000 |
$1,000,000 |
|
Somerset Raritan Valley SA |
S340801-07 |
$25,500,000 |
$34,000,000 |
|
Passaic Valley SC |
S340689-39 |
$3,612,000 |
$4,816,000 |
|
Passaic Valley SC |
S340689-38 |
$15,750,000 |
$21,000,000 |
|
Passaic Valley SC |
S340689-30 |
$2,775,000 |
$3,700,000 |
|
Passaic Valley SC |
S340689-31 |
$3,000,000 |
$4,000,000 |
|
Passaic Valley SC |
S340689-32 |
$7,500,000 |
$10,000,000 |
|
Passaic Valley SC |
S340689-25 |
$6,825,000 |
$9,100,000 |
|
Northwest Bergen County UA |
S340700-16 |
$3,675,000 |
$4,900,000 |
|
[Jersey City MUA |
S340928-28 |
$2,025,000 |
$2,700,000 |
|
Jersey City MUA |
S340928-31 |
$8,294,700 |
$11,059,600 |
|
Gloucester City |
S340958-08 |
$1,575,000 |
$2,100,000] |
|
Linden Roselle SA |
S340299-09 |
$1,575,000 |
$2,100,000 |
|
Linden Roselle SA |
S340299-08 |
$12,750,000 |
$17,000,000 |
|
Roxbury Township |
S340381-07 |
$5,625,000 |
$7,500,000 |
|
Raritan Township MUA |
S340485-12 |
$3,675,000 |
$4,900,000 |
|
Stafford Township |
S344100-03 |
$4,200,000 |
$5,600,000 |
|
Stony Brook RSA |
S340400-10 |
$4,275,000 |
$5,700,000 |
|
[Ocean County |
S344080-09 |
$975,000 |
$1,300,000] |
|
JMEUC - East Orange City |
S340686-09a |
$465,378 |
$620,504 |
|
JMEUC - Elizabeth City |
S340686-09b |
$4,879,407 |
$6,505,876 |
|
JMEUC - Hillside Township |
S340686-09c |
$681,323 |
$908,430 |
|
JMEUC - Irvington Township |
S340686-09d |
$1,689,260 |
$2,252,347 |
|
JMEUC - Newark City |
S340686-09e |
$1,022,282 |
$1,363,042 |
|
JMEUC - South Orange Village Township |
S340686-09f |
$488,105 |
$650,806 |
|
JMEUC - Summit City |
S340686-09g |
$889,742 |
$1,186,322 |
|
JMEUC - Union Township |
S340686-09h |
$1,837,001 |
$2,449,335 |
|
JMEUC - West Orange Township |
S340686-09i |
$1,189,072 |
$1,585,429 |
|
Howell Township |
S344040-02 |
$11,010,000 |
$14,680,000 |
|
Rutgers University |
S340500-01 |
$27,750,000 |
$37,000,000 |
|
Little Egg Harbor Township |
S344060-02 |
[$3,187,500] $3,375,000 |
[$4,250,000] $4,500,000 |
|
Ocean County |
S344080-10 |
$187,500 |
$250,000 |
|
Ocean County |
S344080-11 |
$262,500 |
$350,000 |
|
Rockaway Valley RSA |
S340821-07 |
$6,150,000 |
$8,200,000 |
|
Ocean County |
S344080-09 |
$975,000 |
$1,300,000 |
|
Western Monmouth UA |
S340128-06 |
$9,825,000 |
$13,100,000 |
|
Point Pleasant Beach Borough |
S344190-02 |
[$2,250,000] $2,362,500 |
[$3,000,000] $3,150,000 |
|
[Lakewood Township MUA |
S340465-03 |
$1,080,000 |
$1,440,000 |
|
Kearny MUA |
S340259-07 |
$4,875,000 |
$6,500,000 |
|
Tuckerton Borough |
S340034-03 |
$1,053,905 |
$1,405,206] |
|
New Jersey Water Supply Authority |
S340421-02 |
$56,250,000 |
$75,000,000 |
|
Long Branch SA |
S340336-09 |
$4,200,000 |
$5,600,000 |
|
Manasquan River RSA |
S340911-03 |
$495,000 |
$660,000 |
|
Montclair Township |
S340837-04 |
$1,275,000 |
$1,700,000 |
|
[Middlesex County UA |
S340699-13 |
$30,000,000 |
$40,000,000 |
|
Atlantic County UA |
S340809-24 |
$375,000 |
$500,000 |
|
Rockaway Valley RSA |
S340821-06 |
$6,000,000 |
$8,000,000] |
|
Middlesex County UA |
S340699-12 |
$66,000,000 |
$88,000,000 |
|
Middlesex County UA |
S340699-14 |
$8,250,000 |
$11,000,000 |
|
Monmouth County Bayshore Outfall Authority |
S340325-04 |
$2,250,000 |
$3,000,000 |
|
Toms River MUA |
S340145-06 |
$565,650 |
$754,200 |
|
Ocean County UA |
S340372-60 |
$652,500 |
$870,000 |
|
Brick Township MUA |
S340448-11 |
[$3,958,723] $4,275,000 |
[$5,278,297] $5,700,000 |
|
Northwest Bergen County UA |
S340700-15 |
$5,250,000 |
$7,000,000 |
|
Northwest Bergen County UA |
S340700-18 |
$1,500,000 |
$2,000,000 |
|
Northwest Bergen County UA |
S340700-19 |
$6,099,338 |
$8,132,450 |
|
Western Monmouth UA |
S340128-05 |
[$5,850,000] $5,887,500 |
[$7,800,000] $7,850,000 |
|
Old Bridge MUA |
S340945-14 |
$2,467,500 |
$3,290,000 |
|
Franklin Township SA |
S340839-07 |
$1,875,000 |
$2,500,000 |
|
Franklin Township SA |
S340839-08 |
$3,150,000 |
$4,200,000 |
|
Montclair Township |
S340837-03 |
$1,275,000 |
$1,700,000 |
|
Ocean Township SA |
S340750-13 |
$412,500 |
$550,000 |
|
Ocean Township SA |
S340750-14 |
$1,875,000 |
$2,500,000 |
|
Ocean Township SA |
S340750-12 |
[$3,075,000] $3,375,000 |
[$4,100,000] $4,500,000 |
|
Ocean County UA |
S340372-58 |
$3,323,250 |
$4,431,000 |
|
[Burlington Township |
S340712-16 |
$720,000 |
$960,000] |
|
Vernon Township |
S340745-03 |
$82,500 |
$110,000 |
|
West Deptford Township |
S340947-05 |
$1,061,250 |
$1,415,000 |
|
Princeton |
S340656-11 |
$2,944,259 |
$3,925,678 |
|
Warren Township SA |
S340964-05 |
$8,100,000 |
$10,800,000 |
|
Middlesex Borough |
S340698-02 |
$1,926,563 |
$2,568,750 |
|
North Haledon Borough |
S340229-02 |
$75,000 |
$100,000 |
|
Glen Ridge Borough |
S340861-03 |
$334,386 |
[$445,848] $445,849 |
|
Glen Ridge Borough |
S340861-04 |
[$1,392,109] $1,725,000 |
[$1,856,145] $2,300,000 |
|
Bradley Beach Borough |
S340472-01 |
$2,025,000 |
$2,700,000 |
|
Lambertville MUA |
S340882-10 |
$525,000 |
$700,000 |
|
Hamburg Borough |
S340149-03 |
$75,000 |
$100,000 |
|
Long Beach Township |
S340023-07 |
$3,450,000 |
$4,600,000 |
|
Long Beach Township |
S340023-08 |
$90,000 |
$120,000 |
|
Ship Bottom Borough |
S340311-03 |
$3,525,000 |
$4,700,000 |
|
[Atlantic County UA |
S340809-28 |
$3,075,000 |
$4,100,000 |
|
Somerset Raritan Valley SA |
S340801-08 |
$12,375,000 |
$16,500,000] |
|
Passaic Valley SC |
S340689-45 |
$7,657,577 |
$10,210,102 |
|
Plumsted Township |
S340607-03 |
$20,250,000 |
$27,000,000 |
|
Lakewood Township MUA |
S340465-02 |
$3,240,000 |
$4,320,000 |
|
Aberdeen Township |
S340869-02 |
$6,750,000 |
$9,000,000 |
|
Cumberland County |
S340438-03 |
$12,750,000 |
$17,000,000 |
|
Cranford Township |
S340858-04 |
$9,000,000 |
$12,000,000 |
|
New Jersey Water Supply Authority |
S340421-01 |
$42,600,000 |
$56,800,000 |
|
Gloucester Township |
S340364-15 |
$1,087,500 |
$1,450,000 |
|
Spotswood Borough |
S340510-01 |
$4,070,250 |
$5,427,000 |
|
Paulsboro Borough |
S340164-01 |
$2,062,500 |
$2,750,000 |
|
Bradley Beach Borough |
S340472-02 |
$1,942,538 |
$2,590,050 |
|
[Perth Amboy City |
S340435-18 |
$1,327,500 |
$1,770,000] |
|
Clinton Town |
S340924-07 |
$600,000 |
$800,000 |
|
Sussex County MUA |
S342008-04 |
$5,552,370 |
$7,403,160 |
|
Kearny Town |
S340259-12 |
$16,125,000 |
$21,500,000 |
|
Gloucester County IA |
S342016-03 |
$10,419,930 |
$13,893,240 |
|
Lakewood Township MUA |
S340465-03 |
$1,200,000 |
$1,600,000 |
|
Bloomfield Township |
S340516-01 |
$5,423,228 |
$7,230,970 |
|
North Brunswick Township |
S340888-02 |
$6,000,000 |
$8,000,000 |
|
Manchester Township |
S340650-08 |
$2,250,000 |
$3,000,000 |
|
Point Pleasant Beach Borough |
S340479-04 |
$1,447,500 |
$1,930,000 |
|
Allentown Borough |
S340567-06 |
$498,704 |
$664,938 |
|
[Gloucester County IA |
S342016-03 |
$10,419,930 |
$13,893,240 |
|
Somerville Borough |
S342013-01 |
$8,625,000 |
$11,500,000] |
|
Total Projects: [72] 122 |
|
[$290,502,860] $857,699,125 |
[$387,337,143] $1,143,598,827 |
(2) The Department of Environmental Protection is authorized to make clean water project loans to the following municipalities receiving funding under the "Pinelands Infrastructure Trust Fund" established pursuant to the "Pinelands Infrastructure Trust Bond Act of 1985," P.L.1985, c.302:
|
Project Sponsor |
Project Number |
Estimated Total Project Cost |
|
Pemberton |
Pinelands 1 |
$2,929,000 |
|
Manchester Twp/Jackson MUA |
Pinelands 2 |
$7,192,035 |
|
Galloway |
Pinelands 4 |
$3,493,440 |
|
Winslow |
Pinelands 5 |
$1,728,940 |
|
Total Pinelands Projects: 4 |
|
$15,343,415 |
b. The following environmental infrastructure projects shall be known and may be cited as the "State Fiscal Year 2020 Drinking Water Project Eligibility List":
|
Project Sponsor |
Project Number |
Estimated Allowable DEP Loan Amount |
Estimated Total Loan Amount |
|
Newark City |
0714001-019 |
[$9,131,250] $9,375,000 |
[$12,175,000] $12,500,000 |
|
Trenton City |
1111001-011 |
$15,255,000 |
$20,340,000 |
|
Bloomfield Township |
0702001-003 |
$823,796 |
$1,098,395 |
|
NJ American Water Co., Inc. |
1345001-017 |
$7,575,000 |
$10,100,000 |
|
Newark City |
0714001-016 |
$10,500,000 |
$14,000,000 |
|
Moorestown Township |
0322001-001 |
$18,468,750 |
$24,625,000 |
|
Brick Township MUA |
1506001-011 |
$15,667,500 |
$20,890,000 |
|
North Jersey District Water Supply Comm. |
1613001-022 |
$12,750,000 |
$17,000,000 |
|
North Jersey District Water Supply Comm. |
1613001-025 |
[$18,000,000] $23,625,000 |
[$24,000,000] $31,500,000 |
|
East Greenwich |
0803001-004 |
$1,710,150 |
$2,280,200 |
|
Jersey City MUA |
0906001-017 |
$1,305,180 |
$1,740,240 |
|
Newark City |
0714001-018 |
$3,862,500 |
$5,150,000 |
|
[Lakehurst Borough |
1513001-002 |
$813,475 |
$1,084,633] |
|
Jersey City MUA |
0906001-019 |
$5,025,000 |
$6,700,000 |
|
NJ American Water Co., Inc. |
1345001-021 |
$19,758,750 |
$26,345,000 |
|
Netcong Borough |
1428001-007 |
$2,775,000 |
$3,700,000 |
|
Manchester Township |
1518005-002 |
$4,125,000 |
$5,500,000 |
|
Lower Township MUA |
0505002-003 |
$5,192,555 |
$6,923,406 |
|
Paulsboro Borough |
0814001-003 |
$2,100,000 |
$2,800,000 |
|
North Jersey District Water Supply Comm. |
1613001-033 |
$3,075,000 |
$4,100,000 |
|
Middlesex Water Co. |
1225001-029 |
$54,000,000 |
$72,000,000 |
|
Netcong Borough |
1428001-008 |
$825,000 |
$1,100,000 |
|
Middlesex Water Co. |
1225001-028 |
$8,400,000 |
$11,200,000 |
|
Wall Township |
1352003-001 |
$1,350,000 |
$1,800,000 |
|
Wall Township |
1352003-002 |
$2,775,000 |
$3,700,000 |
|
Clinton Town |
1005001-010 |
$1,086,140 |
$1,448,187 |
|
Clinton Town |
1005001-011 |
$949,355 |
$1,265,807 |
|
Glen Ridge Borough |
0708001-008 |
$1,929,908 |
$2,573,210 |
|
Netcong Borough |
1428001-009 |
$300,000 |
$400,000 |
|
Jackson Township MUA |
1511001-013 |
$15,000,000 |
$20,000,000 |
|
Berkeley Township MUA |
1505004-009 |
[$1,650,000] $1,875,000 |
[$2,200,000] $2,500,000 |
|
Jersey City MUA |
0906001-015 |
$2,691,950 |
$3,589,266 |
|
Hoboken City |
0905001-001 |
$6,375,000 |
$8,500,000 |
|
Jackson Township MUA |
1511001-010 |
$6,150,000 |
$8,200,000 |
|
[Bellmawr Borough |
0404001-006 |
$1,725,000 |
$2,300,000 |
|
Gloucester City |
0414001-022 |
$900,000 |
$1,200,000] |
|
Ship Bottom Borough |
1528001-002 |
$2,812,500 |
$3,750,000 |
|
[Tuckerton Borough |
1532002-006 |
$1,102,613 |
$1,470,150 |
|
Long Beach Township |
1517001-501 |
$1,725,000 |
$2,300,000] |
|
Middlesex Water Co. |
1225001-025 |
$42,750,000 |
$57,000,000 |
|
Evesham MUA |
0313001-001 |
$1,950,000 |
$2,600,000 |
|
Long Beach Township |
1517001-502 |
$8,625,000 |
$11,500,000 |
|
Moorestown Township |
0322001-002 |
[$10,500,000] $11,430,000 |
[$14,000,000] $15,240,000 |
|
Brick Township MUA |
1506001-009 |
$4,446,570 |
$5,928,760 |
|
Brick Township MUA |
1506001-010 |
$870,000 |
$1,160,000 |
|
Stafford Township |
1530004-019 |
$1,425,000 |
$1,900,000 |
|
[National Park Borough |
0812001-004 |
$1,275,000 |
$1,700,000] |
|
Hoboken City |
0905001-002 |
$6,000,000 |
$8,000,000 |
|
Long Beach Township |
1517001-015 |
$3,119,401 |
$4,159,201 |
|
[Old Bridge MUA |
1209002-013 |
$3,000,000 |
$4,000,000] |
|
Lakehurst Borough |
1513001-002 |
$813,475 |
$1,084,633 |
|
East Windsor MUA |
1101002-005 |
$1,500,000 |
$2,000,000 |
|
Aberdeen Township |
1330004-001 |
$2,925,000 |
$3,900,000 |
|
Spotswood Borough |
1224001-001 |
$2,582,936 |
$3,443,914 |
|
Milltown Borough |
1212001-005 |
$1,350,000 |
$1,800,000 |
|
Hightstown Borough |
1104001-010 |
$1,331,759 |
$1,775,678 |
|
Allentown Borough |
1302001-002 |
$411,825 |
$549,100 |
|
NJ American Water Co., Inc. |
2004002-013 |
$12,000,000 |
$16,000,000 |
|
Jackson Township MUA |
1511001-012 |
$8,250,000 |
$11,000,000 |
|
Marlboro Township |
1328002-003 |
$1,285,500 |
$1,714,000 |
|
Brielle Borough |
1308001-004 |
$1,845,000 |
$2,460,000 |
|
Brick Township MUA |
1506001-012 |
$4,065,000 |
$5,420,000 |
|
Hampton Borough |
1013001-001 |
$1,350,000 |
$1,800,000 |
|
Little Egg Harbor MUA |
1516001-003 |
$4,143,750 |
$5,525,000 |
|
National Park Borough |
0812001-004 |
$1,275,000 |
$1,700,000 |
|
Hopatcong Borough |
1912001-004 |
$75,000 |
$100,000 |
|
Hamburg Borough |
1909001-001 |
$63,750 |
$85,000 |
|
High Bridge Borough |
1014001-001 |
$75,000 |
$100,000 |
|
Hardyston MUA |
1911006-003 |
$75,000 |
$100,000 |
|
Total Projects: [44] 62 |
|
[$200,250,068] $395,523,000 |
[$267,000,088] $527,363,997 |
c. The Department of Environmental Protection is authorized to adjust the allowable Department of Environmental Protection loan amount for projects authorized in this section to between 25 percent and 75 percent of the total allowable loan amount and loan amounts to less than 25 percent to the extent the priority ranking or an insufficiency of funding prevents the department from making the loan.
(cf: P.L.2019, c.193, s.3)
4. Section 4 of P.L.2019, c.193 is amended to read as follows:
4. Any financing loan made by the Department of Environmental Protection pursuant to [this act] P.L.2019, c.193, as amended by P.L. , c. (pending before the Legislature as this bill) shall be subject to the following requirements:
a. The Commissioner of Environmental Protection has certified that the project is in compliance with the provisions of P.L.1977, c.224, P.L.1985, c.329, P.L.1992, c.88, P.L.1997, c.223, P.L.1997, c.225 or P.L.2003, c.162, and any rules and regulations adopted pursuant thereto;
b. A loan for an environmental infrastructure project listed in section 2 or 3 of [this act] P.L.2019, c.193, as amended by P.L. , c. (pending before the Legislature as this bill) shall be subject to the terms and conditions of the financing program year in which the trust issued an interim financing program fund loan for such project or the terms and conditions of the State fiscal year 2020 financing program in the absence of an interim financing program fund loan.
c. The estimated Department of Environmental Protection allowable loan amount shall not exceed 75 percent of the total allowable loan amount of the environmental infrastructure facility for projects listed in subsections a. [and b.] of section 2 of [this act] P.L.2019, c.193, as amended by P.L. , c. (pending before the Legislature as this bill), and in subsections a. and b. of section 3 of [this act] P.L.2019, c.193, as amended by P.L. , c. (pending before the Legislature as this bill), provided that:
(1) for clean water project and drinking water project loans to (a) municipalities that do not satisfy the New Jersey Infrastructure Bank credit policy but are subject to State financial supervision and oversight pursuant to the "Local Government Supervision Act (1947)," P.L.1947, c.151 (C.52:27BB-1 et seq.), or (b) municipal, county, or regional sewerage authorities, or utilities authorities, that do not satisfy the New Jersey Infrastructure Bank credit policy but where the municipal participant through its service agreement with the authority or utility is under State financial supervision and oversight pursuant to the "Local Government Supervision Act (1947)," P.L.1947, c.151 (C.52:27BB-1 et seq.), and the repayment obligation of the authority or utility is secured by the full faith and credit of the participating municipality pursuant to the service agreement, the Department of Environmental Protection allowable loan amount shall be up to 100 percent of the total allowable loan amount not to exceed a total of $10 million for all such loans;
(2) for clean water and drinking water loans to municipalities receiving funding under the United States Department of Housing and Urban Development Community Development Block Grant - Disaster Recovery Program (CDBG-DR) the Department of Environmental Protection allowable loan amount shall be up to 100 percent of the total allowable loan amount; [and]
(3) for loans to communities for lead service line replacement, the Department of Environmental Protection allowable loan amount shall be up to 100 percent of the total allowable loan amount ; and
(4) for clean water project and drinking water project loans to municipalities receiving funding under the "Pinelands Infrastructure Trust Fund" established pursuant to the "Pinelands Infrastructure Trust Bond Act of 1985," P.L.1985, c.302, the Department of Environmental Protection allowable loan amount shall be up to 100 percent of the total allowable loan amount.
d. With the exception of paragraphs (1) [and] , (2) , and (4) of subsection c. of this section, the loan shall be conditioned upon approval of a loan from the New Jersey Infrastructure Bank pursuant to P.L.2019, c.192 , as amended by P.L. , c. (pending before the Legislature as Senate Bill No. 4202 and Assembly Bill No. of 2019), prior to June 30, 2020;
e. The loan shall be repaid within a period not to exceed 30 years, or 45 years for combined sewer overflow abatement projects, of the making of the loan; and
f. The loan shall be subject to any other terms and conditions as may be established by the commissioner and approved by the State Treasurer, which may include, notwithstanding any other provision of law to the contrary, subordination of a loan authorized in [this act] P.L.2019, c.193, as amended by P.L. , c. (pending before the Legislature as this bill) to loans made by the New Jersey Infrastructure Bank pursuant to P.L.2019, c.192 , as amended by P.L. , c. (pending before the Legislature as Senate Bill No. 4202 and Assembly Bill No. of 2019), or to administrative fees payable to the trust pursuant to subsection o. of section 5 of P.L.1985, c.334 (C.58:11B‑5).
(cf: P.L.2019, c.193, s.4)
5. Section 5 of P.L.2019, c.193 is amended to read as follows:
5. Any Sandy financing loan made by the Department of Environmental Protection pursuant to [this act] P.L.2019, c.193, as amended by P.L. , c. (pending before the Legislature as this bill) shall be subject to the following requirements:
a. The commissioner has certified that the project is in compliance with the provisions of Title X, Chapter 7 of the Federal "Disaster Relief Appropriations Act of 2013" (Pub.L.113-2), and any amendatory and supplementary acts thereto;
b. The commissioner has certified that the project is in compliance with the provisions of P.L.1977, c.224, P.L.1985, c.329, P.L.1992, c.88, P.L.1997, c.223, P.L.1997, c.225 or P.L.2003, c.162, and any rules and regulations adopted pursuant thereto; and
c. The loan shall be subject to any other terms and conditions as may be established by the commissioner and approved by the State Treasurer, which may include, notwithstanding any other provision of law to the contrary, subordination of a loan authorized in [this act] P.L.2019, c.193, as amended by P.L. , c. (pending before the Legislature as this bill) to loans made by the trust pursuant to P.L.2019, c.192 , as amended by P.L. , c. (pending before the Legislature as Senate Bill No. 4202 and Assembly Bill No. of 2019) prior to June 30, 2020, or to administrative fees payable to the trust pursuant to subsection o. of section 5 of P.L.1985, c.334 (C.58:11B-5).
(cf: P.L.2019, c.193, s.5)
6. Section 6 of P.L.2019, c.193 is amended to read as follows:
6. The eligibility lists and authorization for the making of loans pursuant to sections 2 and 3 of [this act] P.L.2019, c.193, as amended by P.L. , c. (pending before the Legislature as this bill) shall expire on July 1, 2020, and any project sponsor which has not executed and delivered a loan agreement with the department for a loan authorized in [this act] P.L.2019, c.193, as amended by P.L. , c. (pending before the Legislature as this bill) shall no longer be entitled to that loan.
(cf: P.L.2019, c.193, s.6)
7. Section 7 of P.L.2019, c.193 is amended to read as follows:
7. The Commissioner of Environmental Protection is authorized to reduce or increase the individual amount of loan funds made available to or on behalf of project sponsors pursuant to sections 2 and 3 of [this act] P.L.2019, c.193, as amended by P.L. , c. (pending before the Legislature as this bill) based upon final or low bid building costs defined in and determined in accordance with rules and regulations adopted by the commissioner pursuant to section 4 of P.L.1985, c.329, section 2 of P.L.1999, c.362 (C.58:12A-12.2), or section 5 of P.L.1981, c.261, provided that the total loan amount does not exceed the estimated total allowable loan amount. The commissioner is authorized to reduce or increase the individual amount of loan funds made available to or on behalf of project sponsors pursuant to sections 2 and 3 of [this act] P.L.2019, c.193, as amended by P.L. , c. (pending before the Legislature as this bill) in an amount not to exceed 10 percent of the total allowable loan amount based upon additional project costs to comply with the Department of Environmental Protection's guidance for asset management, emergency response, flood protection, and auxiliary power.
(cf: P.L.2019, c.193, s.7)
8. Section 8 of P.L.2019, c.193 is amended to read as follows:
8. The expenditure of the funds appropriated by [this act] P.L.2019, c.193, as amended by P.L. , c. (pending before the Legislature as this bill) is subject to the provisions and conditions of P.L.1977, c.224, P.L.1085, c.302, P.L.1985, c.329, P.L.1989, c.181, P.L.1992, c.88, P.L.1997, c.223, P.L.1997, c.225 or P.L.2003, c.162, and the rules and regulations adopted by the Commissioner of Environmental Protection pursuant thereto, and the provisions of the Federal Disaster Relief Appropriations Act, the Federal Clean Water Act or the Federal Safe Drinking Water Act, and any amendatory and supplementary acts thereto, as appropriate.
(cf: P.L.2019, c.193, s.8)
9. Section 10 of P.L.2019, c.193 is amended to read as follows:
10. a. Prior to repayment to the Clean Water State Revolving Fund pursuant to sections 1 and 2 of P.L.2009, c.77 and any amendatory and supplementary acts thereto, prior to repayment to the "Wastewater Treatment Fund" pursuant to the provisions of section 16 of P.L.1985, c.329, prior to repayment to the "1992 Wastewater Treatment Fund" pursuant to the provisions of section 28 of P.L.1992, c.88, prior to repayment to the Drinking Water State Revolving Fund, prior to repayment to the "Stormwater Management and Combined Sewer Overflow Abatement Fund" pursuant to the provisions of section 15 of P.L.1989, c.181, prior to repayment to the "2003 Water Resources and Wastewater Treatment Fund" pursuant to the provisions of section 20 of P.L.2003, c.162, [or] prior to repayment to the "Water Supply Fund" pursuant to the provisions of section 15 of P.L.1981, c.261, or prior to repayment to the "Pinelands Infrastructure Trust Fund" pursuant to the provisions of section 5 of P.L.1985, c.302, repayments of loans made pursuant to these acts may be utilized by the New Jersey Infrastructure Bank established pursuant to P.L.1985, c.334 (C.58:11B‑1 et seq.), as amended and supplemented by P.L.1997, c.224, under terms and conditions established by the commissioner and trust, and approved by the State Treasurer, and consistent with the provisions of P.L.1985, c.334 (C.58:11B‑1 et seq.) and federal tax, environmental or securities law, to the extent necessary to secure repayment of trust bonds issued to finance loans approved pursuant to P.L.2019, c.192 , as amended by P.L. , c. (pending before the Legislature as Senate Bill No. 4202 and Assembly Bill No. of 2019), and to secure the administrative fees payable to the trust pursuant to subsection o. of section 5 of P.L.1985, c.334 (C.58:11B‑5) by the project sponsors receiving trust loans.
b. Prior to repayment to the Clean Water State Revolving Fund pursuant to section 1 and 2 of P.L.2009, c.77 and any amendatory and supplementary acts thereto, prior to repayment to the "Wastewater Treatment Fund" pursuant to the provisions of section 16 of P.L.1985, c.329, prior to repayment to the "1992 Wastewater Treatment Fund" pursuant to the provisions of section 28 of P.L.1992, c.88, prior to repayment to the "Water Supply Fund" pursuant to the provisions of section 15 of P.L.1981, c.261, prior to repayment to the Drinking Water State Revolving Fund, prior to repayment to the "2003 Water Resources and Wastewater Treatment Fund" pursuant to the provisions of section 20 of P.L.2003, c.162, [or] prior to repayment to the "Stormwater Management and Combined Sewer Overflow Abatement Fund" pursuant to the provisions of section 15 of P.L.1989, c.181, or prior to repayment to the "Pinelands Infrastructure Trust Fund" pursuant to the provisions of section 5 of P.L.1985, c.302, the trust is further authorized to utilize repayments of loans made pursuant to P.L.1989, c.189, P.L.1990, c.99, P.L.1991, c.325, P.L.1992, c.38, P.L.1993, c.193, P.L.1994, c.106, P.L.1995, c.219, P.L.1996, c.85, P.L.1997, c.221, P.L.1998, c.84, P.L.1999, c.174, P.L.2000, c.92, P.L.2001, c.222, P.L.2002, c.70, P.L.2003, c.158, P.L.2004, c.109, P.L.2005, c.196, P.L.2006, c.68, P.L.2007, c.139, P.L.2008, c.68, P.L.2009, c.102, P.L.2010, c.63, P.L.2011, c.93, P.L.2012, c.43, P.L.2013, c.95, P.L.2014, c.25, P.L.2015, c.108, P.L.2016, c.32, P.L.2017, c.143, as amended by P.L.2017, c.326, P.L.2018, c.85, as amended by P.L.2018, c.137 and P.L.2019, c.12, or P.L.2019, c.193, as amended by P.L. , c. (pending before the Legislature as this bill), to secure repayment of trust bonds issued to finance loans approved pursuant to P.L.1995, c.218, P.L.1996, c.87, P.L.1997, c.222, P.L.1998, c.85, P.L.1999, c.173, P.L.2000, c.93, P.L.2001, c.224, P.L.2002, c.71, P.L.2003, c.159, P.L.2004, c.110, P.L.2005, c.197, P.L.2006, c.67, P.L.2007, c.140, P.L.2008, c.67, P.L.2009, c.101, P.L.2010, c.62, P.L.2011, c.95, P.L.2012, c.38, P.L.2013, c.94, P.L.2014, c.26, P.L.2015, c.107, P.L.2016, c.31, P.L.2017, c.142, as amended by P.L.2017, c.327, P.L.2018, c.84 as amended by P.L.2019, c.30, or P.L.2019, c.192 , as amended by P.L. , c. (pending before the Legislature as Senate Bill No. 4202 and Assembly Bill No. of 2019), and to secure the administrative fees payable to the trust under these loans pursuant to subsection o. of section 5 of P.L.1985, c.334 (C.58:11B‑5).
c. To the extent that any
loan repayment sums are used to satisfy any trust bond repayment or
administrative fee payment deficiencies, the trust shall repay such sums to the
department for deposit into the Clean Water State Revolving Fund, the
"Wastewater Treatment Fund," the "1992 Wastewater Treatment
Fund," the "Water Supply Fund," the Drinking Water State
Revolving Fund, the "2003 Water Resources and Wastewater Treatment
Fund," [or] the
"Stormwater Management and Combined Sewer Overflow Abatement Fund," or
the "Pinelands Infrastructure Trust Fund," as appropriate, from amounts
received
by or on behalf of the trust from project sponsors causing any such deficiency.
(cf: P.L.2019, c.193, s.10)
10. This act shall take effect immediately.
STATEMENT
This bill would amend the list of environmental infrastructure projects approved by the Legislature for long-term funding for Fiscal Year 2020 to include new projects, remove certain projects, and modify the estimated loan amounts for certain projects.
Under current law, on or before May 15 each year, the New Jersey Infrastructure Bank ("NJIB") is required to submit a list of environmental infrastructure projects, known as the project eligibility list, to be approved by the Legislature for long-term funding. The list is introduced in each House in the form of legislative appropriations bills. In August 2019, P.L.2019, c.193 was enacted into law, which appropriated funds to the Department of Environmental Protection (DEP) for the purpose of financing approximately $655.04 million in Storm Sandy and other environmental infrastructure projects through the NJIB in Fiscal Year 2020. In August 2016, P.L.2016, c.30 was enacted into law, which, among other things, provided the NJIB with the authority to submit an additional project eligibility list, by October 15 of each year, for approval by the Legislature. Pursuant to that authority, the NJIB submitted an additional project eligibility list and revisions to the list approved in P.L.2019, c.193. This bill would amend P.L.2019, c.193 to include those new projects, remove certain projects, and modify the estimated DEP loan amounts for certain projects. Under this bill and P.L.2019, c.193, approximately $1.7 billion would be made available for Storm Sandy and other environmental infrastructure projects in Fiscal Year 2020.
Certain projects have been removed from the list of projects approved for funding either because they have already received long-term funding or because the projects will not be ready to receive funding before the end of Fiscal Year 2020 under NJIB program requirements. Funding sources for NJIB project loans include federal capitalization grants, State bond issue proceeds, State match, various prior legislative appropriations, loan repayments, interest earnings, and market rate loans made by the NJIB.
The bill also authorizes the DEP to make clean water project loans to four municipalities in the Pinelands area that are receiving funding under the "Pinelands Infrastructure Trust Fund" established pursuant to the "Pinelands Infrastructure Trust Bond Act of 1985," P.L.1985, c.302. The DEP allowable loan amount for such projects may be up to 100 percent of the total allowable loan amount specified in the bill.
The bill also authorizes the DEP to transfer from the Clean Water State Revolving Fund to the Drinking Water State Revolving fund additional funds that are necessary to address a threat to public health. The federal "Water Infrastructure Funding Transfer Act," Pub.L.116-63, authorizes the State to make such transfers in order to address lead in drinking water.
